Wallet Options for GYEN and ZUSD Use
When it comes to holding cryptocurrencies, the choice of wallet often plays a pivotal role in ensuring security and convenience.
This article explores wallet types, introduces wallets supporting GYEN and ZUSD, and provides practical guidance on how to use and manage assets safely with the wallets.
Choosing Between Custodial and Non-Custodial Options
Cryptocurrency wallets fall into two main categories: custodial and non-custodial.
Custodial wallets are commonly provided by centralized exchanges. These wallets manage users’ private keys on their behalf and offer an integrated environment for trading, storage, and fiat on/off ramp services. For many users, especially those new to cryptocurrencies or prioritizing convenience, custodial wallets provide an accessible and streamlined experience. Major exchanges also apply robust security measures and regulatory compliance, offering a level of assurance that appeals to users seeking simplicity and ease of use.
For those who prefer to purchase and manage GYEN and ZUSD directly through custodial wallets, our stablecoins are supported by exchanges such as Bitstamp and Mercado Bitcoin, providing easy access and management within their platforms.
In contrast, non-custodial wallets allow users to retain complete control over their private keys and assets. It provides greater privacy, autonomy, and flexibility, making it a preferred option for those engaged in decentralized finance (DeFi) or interacting with blockchain applications.
For GYEN and ZUSD traders looking to manage their assets directly on-chain, non-custodial wallets offer a secure and flexible option. Some users acquire GYEN and ZUSD through centralized exchanges and subsequently transfer them to supported non-custodial wallets to take advantage of these features.
Non-custodial Wallets Supporting GYEN and ZUSD
There are several non-custodial wallets currently supporting GYEN and ZUSD, allowing users to store, send, and interact with these stablecoins on compatible blockchains. Here’s an overview of the options:
MetaMask
MetaMask is one of the most widely used non-custodial wallets in the Ethereum ecosystem, offering both a browser extension and a mobile application. With over 30 million monthly active users as of 2024, it remains a leading choice for Web3 interactions. MetaMask supports all ERC-20 tokens, including GYEN and ZUSD, which users can add manually.
In addition, Metamask is scheduled to introduce native support for Solana in May 2025. Its intuitive interface and open-source design make it accessible to both beginners and experienced users, providing seamless connections to thousands of decentralized applications (dApps) across the Ethereum network.
Trust Wallet
Trust Wallet is the official non-custodial wallet of Binance, known for its extensive multi-chain compatibility and support for over 10 million crypto assets across more than 100 blockchains.
As of early 2025, the wallet has surpassed 200 million cumulative downloads globally. Trust Wallet provides an intuitive interface and integrated Web3 browser, enabling users to access decentralized applications (dApps), manage a wide range of digital assets, and engage with blockchain services directly from their smartphones.
Phantom
Phantom is a well-established non-custodial wallet that initially gained popularity within the Solana ecosystem and has since expanded to support multiple blockchains. It allows users to store, transfer, and manage assets such as GYEN and ZUSD on supported networks. It also offers integrated features such as staking, NFT management, and access to decentralized applications across these ecosystems.
Phantom has over 15 million monthly active users, and during November and December 2024, the platform recorded trading activity that surpassed the combined figures of MetaMask and Coinbase Wallet. It has been one of the most popular wallets among Solana users and continues to expand its reach across multiple blockchains.
OwlPay Wallet Pro
OwlPay Wallet Pro is an enterprise-grade non-custodial wallet developed by OwlTing Group, designed for professional users managing diverse crypto assets across multiple blockchains.
In March 2025, OwlTing partnered with GMO Trust to integrate GYEN and ZUSD into OwlPay Wallet Pro, enhancing global accessibility and enabling businesses and users to manage these regulated stablecoins alongside other digital assets. The wallet emphasizes multi-layer security and cross-chain functionality, offering a secure and flexible environment for managing GYEN and ZUSD across supported networks.
Using Non-Custodial Wallets Safely
Non-custodial wallets provide autonomy and direct control, but also require careful attention to security practices commonly used to protect digital assets.
Common practices to reduce security risks include storing recovery phrases offline in secure locations, never sharing them with others, and verifying wallet applications and URLs to avoid phishing scams.
Reviewing smart contract permissions carefully before signing transactions is also essential. For larger holdings, many users opt for hardware wallets or multi-signature setups to add an additional layer of protection and minimize the risk of single points of failure.
Conclusion
Depending on their type and needs, users can select from a growing range of custodial and non-custodial wallets. These options vary by supported blockchains and wallet features, offering flexibility and secure management of stablecoins across blockchain ecosystems.
As adoption expands, additional wallet integrations and user resources will continue to develop and ensure individuals and businesses alike can confidently utilize their digital assets in diverse applications.
About GMO-Z.com Trust Company
GMO Trust connects traditional finance and blockchain technology for everyone. We issue GYEN, the world’s first regulated Japanese Yen stablecoin, and ZUSD, our trusted U.S. Dollar stablecoin. Visit our website to learn more.
Disclaimer
This content is not financial advice and it is not a recommendation to buy or sell any financial instruments, FX trading, cryptocurrency or engage in any trading or other activities. You must not rely on this content for any
financial decisions. Acquiring, trading, and otherwise transacting with financial instruments or cryptocurrency involves significant risks.
We strongly advise our readers to conduct their own independent research before engaging in any such activities. GMO Trust does not guarantee or imply that any cryptocurrency or activity described in this content is available or legal in any specific reader’s location. It is the reader’s responsibility to know the applicable laws in their country.
